Innovative connectivity solution increases trade execution speeds, supports growing trade volumes and fuels Bulk Transport service for the world's leading and most diverse derivatives marketplace
New York – July 21, 2011 — Sidera Networks, the premier provider of fiber optic-based network solutions, today announced CME Group, the world’s leading and most diverse derivatives marketplace, will leverage Sidera’s high-capacity, high-availability network for low-latency connectivity from its data center in Aurora to its downtown Chicago facility to support its Bulk Transport service.
Sidera’s expert team worked with CME Group to design a direct, low-latency route between Chicago to Aurora to provide a direct connection to this new facility. This infrastructure will support CME Group’s Bulk Transport service with a point-to-point Ethernet service configured over its private optical network, providing a cost effective, low-latency connectivity option.
Through Sidera’s innovative Reconfigurable Optical Add-Drop Multiplexer (ROADM) solution, CME Group will gain a more efficient network to deliver services to its member firms quickly and efficiently.
“CME Group’s facility is an example of a larger trend within the financial services industry, where exchanges are expanding data centers and services offered at these facilities to support low-latency trading,” said Mike Sicoli, CEO of Sidera Networks. “We are proud to be able to design customized routes and leverage the most innovative technology solutions to deliver high-quality connectivity to these data centers, resulting in superior low-latency trading to customers using our network.”
Sidera recently announced the expansion of its fiber-optic network from downtown Chicago to the western suburbs, offering the region low-latency services including dark fiber, wavelengths and both switched and dedicated Ethernet. This newly built network, designed exclusively by Sidera, leverages a new route along unique rights-of-way directly from downtown Chicago to the western suburbs.
About Sidera Networks
Sidera Networks, LLC www.sidera.net, is the premier provider of tailored, high capacity communications services to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, Wavelength, Dark Fiber, Internet Access, Colocation and more. With a fiber optic network leveraging unique rights-of-way that delivers connectivity to the major metropolitan areas from Maine to Virginia and out to Chicago, as well as access to Toronto and London, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support.